1954-HKRS30-8-44_Part03 — Page 14

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PENSIONS ORDINANCE. (Chapter 89),

THE PENSIONS (AMENDMENT) (No. 2) REGULATIONS, 1954.

In exercise of the powers conferred by section 3 of the Pensions Ordinance, the Governor in Council, with the sanction of the Secretary of State, has made the following regulations-

1. These regulations may be cited as the Pensions (Amend- Citation. ment) (No. 2) Regulations, 1954.

tion 29.

2. Regulation 23 of the Pensions Regulations (hereinafter Amendment referred to as the principal regulations) is amended by the deletion of regula from the fifth line of sub-regulation (1) of the word "ten" and the (Vol. IX. substitution therefor of the following-

p. 6).

"twelve and one-half".

3. Regulation 26 of the principal regulations is amended by Amendment the deletion from the seventh line of sub-regulation (4) of the of regula word "ten" and the substitution therefor of the following-

"twelve and one-half".

tion 26.

Council ChaMBER,

Clerk of Councils.

13th April, 1954.

Explanatory Note.

(This note is not part of the regulations, but is intended to indicate their general purport).

When, on retirement, a pensionable officer is granted a pension or a mentbly paid non-pensionable officer is granted a retiring allowance, be may, if he so elects, be granted a reduced pension or retiring allowance plus a gratuity. These regulations increase the amount of the gratuity which is payable in these circumstances from ten to twelve and a half times the amount of the annual reduction in pension or retiring allowance.

(Secretariat 4366/48)